Dover (NYSE:DOV) Stock Price Expected to Rise, Robert W. Baird Analyst Says

Dover (NYSE:DOV) had its price objective raised by stock analysts at Robert W. Baird from $255.00 to $279.00 in a research report issued to clients and investors on Friday, Marketbeat Ratings reports. The brokerage presently has an “outperform” rating on the industrial products company’s stock. Robert W. Baird’s price objective would indicate a potential upside of 24.02% from the stock’s previous close.

A number of other research firms also recently commented on DOV. Wells Fargo & Company raised shares of Dover from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $210.00 to $230.00 in a research report on Tuesday, March 17th. Royal Bank Of Canada raised their price objective on shares of Dover from $199.00 to $209.00 and gave the stock a “sector perform” rating in a research report on Friday, January 30th. JPMorgan Chase & Co. raised their price objective on shares of Dover from $230.00 to $240.00 and gave the stock an “overweight” rating in a research report on Friday, January 30th. Wall Street Zen raised shares of Dover from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Finally, BMO Capital Markets started coverage on shares of Dover in a research report on Friday, March 27th. They set a “market perform” rating and a $237.00 price objective on the stock. Nine research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $237.36.

Dover Trading Down 1.4%

NYSE DOV opened at $224.96 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.79 and a quick ratio of 1.28. The firm’s fifty day moving average price is $216.84 and its 200 day moving average price is $201.17. The company has a market capitalization of $30.32 billion, a price-to-earnings ratio of 28.05, a price-to-earnings-growth ratio of 1.75 and a beta of 1.25. Dover has a 12 month low of $158.97 and a 12 month high of $237.54.

Dover (NYSE:DOV) last posted its earnings results on Thursday, April 23rd. The industrial products company reported $2.28 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.01. The firm had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $2.19 billion. Dover had a net margin of 13.30% and a return on equity of 18.00%. The company’s revenue was up 10.1% on a year-over-year basis. During the same period last year, the firm posted $2.05 EPS. Dover has set its FY 2026 guidance at 10.450-10.650 EPS. On average, sell-side analysts expect that Dover will post 10.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Ivonne M. Cabrera sold 4,000 shares of the firm’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $233.23, for a total value of $932,920.00. Following the completion of the sale, the senior vice president owned 72,188 shares in the company, valued at approximately $16,836,407.24. This trade represents a 5.25% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Richard J. Tobin sold 76,997 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $232.70, for a total transaction of $17,917,201.90. Following the completion of the sale, the chief executive officer owned 217,979 shares of the company’s stock, valued at $50,723,713.30. This trade represents a 26.10% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 82,497 shares of company stock valued at $19,196,277. Insiders own 1.10% of the company’s stock.

Institutional Trading of Dover

Several hedge funds have recently made changes to their positions in DOV. Orion Porfolio Solutions LLC lifted its stake in shares of Dover by 0.7% in the fourth quarter. Orion Porfolio Solutions LLC now owns 7,542 shares of the industrial products company’s stock valued at $1,472,000 after purchasing an additional 51 shares during the period. Frank Rimerman Advisors LLC lifted its stake in shares of Dover by 2.2% in the fourth quarter. Frank Rimerman Advisors LLC now owns 2,439 shares of the industrial products company’s stock valued at $476,000 after purchasing an additional 52 shares during the period. KCM Investment Advisors LLC lifted its stake in shares of Dover by 3.5% in the fourth quarter. KCM Investment Advisors LLC now owns 1,585 shares of the industrial products company’s stock valued at $309,000 after purchasing an additional 53 shares during the period. Tectonic Advisors LLC lifted its stake in shares of Dover by 1.7% in the fourth quarter. Tectonic Advisors LLC now owns 3,176 shares of the industrial products company’s stock valued at $620,000 after purchasing an additional 54 shares during the period. Finally, Kingsview Wealth Management LLC lifted its stake in shares of Dover by 2.3% in the fourth quarter. Kingsview Wealth Management LLC now owns 2,506 shares of the industrial products company’s stock valued at $489,000 after purchasing an additional 56 shares during the period. Institutional investors and hedge funds own 84.46% of the company’s stock.

Trending Headlines about Dover

Here are the key news stories impacting Dover this week:

• Positive Sentiment: Robert W. Baird raised its price target to $279 and assigned an “outperform” rating, implying ~24% upside vs. the current price — a bullish signal from a major shop. Article Title
• Positive Sentiment: BMO Capital Markets lifted its target to $250 with a “market perform” rating, signaling additional analyst support for the stock. Article Title
• Positive Sentiment: Dover reported Q1 EPS of $2.28, narrowly beating consensus ($2.27) and showing 10% revenue growth year‑over‑year; the company provided FY‑2026 EPS guidance of $10.45–$10.65, roughly in line with Street estimates — supports the view of durable profitability. Dover Reports First Quarter 2026 Results
• Neutral Sentiment: Dover said there are no material changes to its 2025 risk profile and directed investors to its prior 10‑K — a routine regulatory clarification rather than new operational news. Announcement
• Neutral Sentiment: Earnings materials, slide deck and full call transcript have been released — useful for modeling and management commentary but not a surprise. Slide Deck Call Transcript
• Neutral Sentiment: Analyst/modeling pieces (Zacks, others) updated FY forecasts, which investors will use to re‑rate multiples — informational but incremental. Zacks Research
• Negative Sentiment: Revenue missed expectations: Q1 sales were $2.05B vs. analyst estimates near $2.19B, and FY revenue guidance ($8.5–$8.7B) sits around consensus — the top‑line softness likely pressured the stock despite the EPS beat. Earnings Release

About Dover

Dover Corporation is a diversified global manufacturer of industrial products, components and specialty systems that serve a wide range of commercial and industrial end markets. Headquartered in Downers Grove, Illinois, the company has built a portfolio of operating businesses that design, manufacture and distribute engineered equipment, aftermarket parts and related services for customers around the world.

Dover’s activities span several product and solution categories, including fluid-handling and pumping systems, material handling and processing equipment, refrigeration and foodservice technologies, product identification and printing systems, precision components and automation and sensing solutions.